GB Auto, led by Egyptian Ghabbour family, sells stake in leasing business to Chimera
The Ghabbour family is well-known in the Egyptian business community.
Syed Basar Shueb
Abu Dhabi-based Chimera acquires controlling stake in financial services provider linked to Egypt’s richest family
It is unclear how much of the 59.22 percent stake held by Orascom Financial Holding, a firm led by the billionaire Sawiris family, was acquired during the transaction.
Led by Pakistani businessman Syed Basar Shueb, Chimera invests $50 million in Airtel Africa’s mobile money business
Chimera Investment operates as a member of Abu Dhabi’s Royal Group, a diversified conglomerate of companies.